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FOX Business
Dec 1, 2012 8:00pm EST
defense budget cuts not even part of the discussion so far about the fiscal cliff. those cuts are set to go into affect in three weeks. admiral james lyons joins us in just moments. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core omy ptfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ lou: welcome back. we are talking about the disco cliff. we are going to turn to advance in the middle east and the united nations this week. judy miller, joe trip be, and rollins. i wanted just go back to the fiscal cliff just for a second. that is, the republican messaging, if you will. they have an opportunity here, it seems to me, as well as a problem, but i don't hear creati
CNN
Dec 2, 2012 1:00pm PST
leaders gathered to talk about how to avoid the fiscal cliff, the automatic spending cuts and tax increases that go into effect january 1. >> i think we're farther apart but we're coming together. >> i think we're nowhere, period. >> thursday treasury secretary tim geithner presented obama's plan, including $1.4 trillion in tax increases. >> there's not going to be an agreement without rates going up. >> president obama also proposed a $16 billion of spending cuts. >> i'm just flabbergasted. i looked at him and said you can't be serious. >> the house speaker says republicans put increased revenues including efforts to close tax loopholes and put the tax cuts on the table instead of raising tax rates for anyone. >> if there's another way to get income from upper income americans that doesn't hurt our economy, then why wouldn't we consider it. >> those are publicly unchanged deadlines. whether political theater or political reality, there's more to going over the fiscal cliff far beyond hypothetical. >> i think we're going over the clif. >> if they are going to force higher rates on
FOX News
Dec 1, 2012 4:00pm PST
paycheck could shrink. on january 1 . we go over the so-called fiscal cliff. and massive government spending cuts. >> and some people fear going off of the cliff could cost thousands of jobs and push our fragile economy back in recession. it seems like we have been down this road before. that deal according to the president and congressional republicans is far from a sure thing. the president said it was a so-called balanced approach to solve this crisis and what he proposed this week was a classic bait and switch on the american people. >> it is unacceptable for republicans to hold middle class tax hostage because they refuse to let them go up on the wealthiest americans. >> people saying that the deal he offered doesn't look like a deal. steve is live in the washington bureau. is there any movement on either side. >> not much. a few republicans who are willing to talk about higher tax rev news but not higher tax rates. the president made a direct appeal to the public. the toy factory in pin pen. he urged congress to pass a bill and extend the era tax cuts for middle class only. >> congress could preven
CBS
Dec 1, 2012 6:00pm PST
evening news continues. fiscal cliff of tax increases and sharp spending cuts is now exactly one month away. in his weekly media address today, president obama again pushed his party's tax plan. of course, utah senator orrin hatch rejected in the republican response. >> both parties say we should keep middle class taxes low. the senate's already passed a bill to keep income taxes from going up on middle class families. democrats in the house are ready to do the same thing. if we can just get a few house republicans on board, i'll sign this bill as soon as congress send it my way. >> what he proposed this week was a classic bait and switch on the american people. a tax increase double the size of what he campaigned on. billions of dollars in new stimulus spending, and an unlimited, unchecked authority tow borrow from the chinese. maybe i missed it, but i don't recall him scwg for any of that during the presidential campaign. >> jarvis: parents and school boards across the country are debating whether to offer bonuses to teachers whose student do well on standardized tests. sharyl
FOX News
Dec 2, 2012 7:00am PST
be dug in, let's build a bridge over the fiscal cliff, temporary bridge that says, you know, we will extend the tax cuts. you know, we'll reduce the spending cuts, especially in defense. we've going to do it for three months, six months. then we can have some time to look at this responsibly. remember, congress and the president never do anything that close to a good job if they are on a deadline or rush timetable. you know, we got obamacare because of that. that is going to prove a mess. we have gotten all kind of tax deals where things never really materialize. you know, ronald reagan had such a deal at the last minute in 1982, and out of every 100 cents of spending restraint he only got 75 cents because the deal was written so badly went need to take the time on this and not view december 31 as arbitrary deadline. >> jamie: it would be great if we did things in steps. i thought about this with the initial stimulus. why not spend a little and see what happens this but the white house said according to the reports -- let me get it right -- $400 billion in long-term reductions to medicare and medicaid. that
MSNBC
Dec 2, 2012 11:00am PST
president and you are wasting precious time here to avert the fiscal cliff. was this the intended effect of the president's first offer? >> what we're trying to do is to make it more likely. we come together on a good agreement for the american people that extends tax cuts to the american people. brings our long-term deficits down. tough spending savings is part of that, and invest in things that matter to the american economy, like infrastructure, and getting americans back to work. we think we can do that. we have a good chance, and it's very important. and i think we'll get there, david. >> do you think we'll get a deal by the end of the year? >> i do. because the only thing standing in the way of that is a refusal by republicans to accept that rates have to go up on the wealthiest americans. and i don't really see them doing that. >> the idea that they have signalled something significant for them, which is -- >> what is that? >> putting revenue on the table. >> it's welcome that they are recognizing that revenues are going to have to go up. but they haven't told us anything about how far rates should go up, how far revenues should go up, who should pay higher taxes. >> republicans have said that no republicans will vote for a tax rate increase. do you
CNN
Dec 2, 2012 3:00pm PST
until we go over the fiscal cliff unless congress in the white house cuts a deal to avoid tax cuts. it sounds like two groups of people are looking at two different sets of numbers. take a look. >> we prefer to do upfront alongside a deal that includes raising rates on americans. we are prepared to do a meaningful amount of spending on the saving side, not just to avoid the damage of the sequester but to help reduce our long-term deficit. >> i was disappointed by the president's proposal. i think it is essentially a rerun of his budget proposal. the revenue proposals are $1.6 trillion in revenue and tax increases. it's a massive tax increase. but also not significant and meaningful in entitlement reforms. >> so, anna, i hear comments like those and remarks by john boehner and the president of the united states and i wonder after the election, did we learn anything? because i -- my reading on the election was that the people, the voters wanted compromise. and for the people in washington to talk to each other not at each other. that still appears to be what they're doing, no? >> i t
MSNBC
Dec 2, 2012 12:00pm PST
craig melvin. you're watching msnbc. it's 29 days until the nation could fall off the fiscal cliff are the two sides closer, to avoid the massive tax increases and budget cuts? not according to house speaker john boehner. >> right now i would say we're nowhere. period. we're nowhere. >> the only thing standing in the way of that would be a refusal by republicans to accept the rates that are going to have to go up on wealthiest americans. i don't really see them doing that. >> nbc news white house correspondent, mike viquiera joining me now. treasury secretary timothy geithner, president obama's point man in these fiscal cliff negotiations, ran the gauntlet this morning. he appeared on all five sunday talk shows, including "meet the press" of course, what else did he say? >> craig, you know if we're in the posturing stage and a lot of people think we're still in the posturing stage with, 29 or 30 days to go. we better hope that they're just posturing, because after the period of optimism, the post-election talk of compromise, you remember john boehner came out the day after the election, the president spoke about compromise as well. they're as far apart as they e
CNN
Dec 2, 2012 10:00am PST
at the united nations. >>> 30 days to avoid the country falling off the fiscal cliff. everyone's taxes go up and automaticpending cuts take
MSNBC
Dec 2, 2012 1:00pm PST
bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> now the efforts by the u.s. military against al qaeda are in their 12th year, we must also ask ourselves how will this conflict end? >> that's a very good question, and since that's the pentagon's top lawyer asking it, we'll ask our brain trust, is the war on terror winding down? first, though, the fiscal cliff looms ever nearer, the house speaker, among many others, sounding very pessimistic today. are we headed over the edge? and after the election in a bruising defeat, what's next for the republican party? we'll talk to one top outgoing gop senator. good sunday afternoon to you, you are watching msnbc, the place for politics. there are no signs right now of a break in the deadlocked talks to avert the so-called fiscal cliff, the devastating combinations of tax increase and spending cuts that kick in january 1st. both sides seem to dig in this morning on the sunday talk shows. >> the only thing standing in the way of that would be a refusal by republicans that the rates would have to go up on the wealthiest americans, and i don't really see them doing it. >> right now, i would say we're nowhere, period, we're nowhere. >> that somber assessment today from house speaker john boehner, as geithner, the point man, went on all five sunday talk shows, cnbc, washington correspondent aman javers joining me live now. did geithner offer anything new today? >> he really didn't. he thinks the republicans are bluffing here and they are not prepared to go all the way to the mat here on behalf of tax cuts for the rich. they think at the white house they've got their republicans backed into a political corner here, and they are really pressing their advantage hard. you saw this sort of breathtaking offer by the president of the united states last week when he offered basically to include $ 50 billion of new spending at a time everyone else thought we were having a debate about spending cuts here. the president feeling he has the upper hand here in the negotiation and that's what geithner is doing on his behalf up on the hill. >> the white house said they are not going to put forth another plan until republicans bring something to the table. the president was in pennsylvania at the toy factory late last week. what's the strategy going forward for the administration, what's the strategy going forward for the gop? >> well, the administration is definitely playing an outside and inside game at the same time. they send the president out to the toy factory, he's making the case in montgomery county, pennsylvania, that this plan he's got of raising taxes on the rich is the way to go. it's overwhelmingly popular. more than 60% of americans in polls say they agree with the president's position here, but on the inside what they are doing by putting the offer out, which is basically a democratic wish list, they know that's not an offer the republicans are going to accept. they are expecting now the republicans are going to be the ones that are going to have to offer up brutal and tough entitlement spending cuts that we think is going to be a part of the deal in order for democrats and republicans to come together. they think that's extremely unpopular and want to force the republicans to be the party to do it. >> also part of the negotiations, raising the debt ceiling once again. part of the president's plan to end congressional oversight of the debt ceiling, but republicans have called that a pipe dream. is it? >> it is a pipe dream. that was part of the audacity of the president's proposal here. basically, what he said is he wants a permanent extension of the debt ceiling. remember, congress under the constitution has authority over spending in the united states' system of government. they are very possessive of that power they have. the president basically saying, we want to have that power over here. we want the debt ceiling to be under the control of the president of the united states. that's something that's not going to fly, was extremely unpopular on capitol hill. part of why you have to read that offer of the president, as just that, an offer. there's going to be horse trading throughout the month, and the question is whether they can come up with this deal by december 31st or all of that automatic spending decrease stuff goes into effect and economists say that can be devastating for the economy in early january. >> thank you so much, sir, do appreciate you. >> thanks. >>> closely tied over taxes is entitlement reform. a top republican said today he'll drop his plan for higher revenue unless democrats take a look at revamping medicare, medicaid, and social security. >> i'm serious about revenue. you can limit deductions to $40,000 or $50,000 a person, which takes care of the middle class. upper-middle income americans will lose their deductions, but i'll only do that if we do entitlement reform, and the president's plan is quite frankly a joke. >> as the country inches closer to the fiscal cliff, is there a way to avoid falling over it? joining me live from los angeles, democratic congresswoman maxine waters. congresswoman, always a pleasure to see you. >> hello, how are you? >> tim geithner saying today the administration would deal with social security at a later date. are democrats serious about entitlement reform? >> no, democrats are not furious, except we understand and will insist that social security and medicare not be on the table at all. the president has presented a credible proposal on both taxes and spending, and he did offer up $400 billion in discretionary spending cuts. so, in addition to the $1.6 trillion that we're insisting on in eliminating or allowing the tax cuts for the richest people in this country to sunset, we are offering up tax cuts also. >> you just said social security and medicare off the table. >> that's right. >> for democrats. >> that's right. that's what i think. that's what progressives think. >> most folks, not discounting -- not discounting the progressive wing of your party, most folks think medicare is going to have to be on the table for any realistic deal to get done. >> well, we think the $1.6 trillion that the president is requesting and that the support that he has from the american public, based on this election, is absolutely realistic for raising the revenue that we need to help eliminate this debt. so, that's where we start. >> what about raising premiums on the wealthiest recipients of medicare? >> well, that should not even be discussed until we deal with the $1.6 trillion that the president has put on the table by allowing those tax cuts for the richest 2% to sunset. once we get past that, i think we can talk about a lot of things, but that is at the top of this agenda. >> we've heard from a number of top lawmakers sound very pessimistic about avoiding the fiscal cliff. what's your take? do you think that your colleagues are going to be able to hammer out a deal in the 11th hour? >> oh, i think so. i know that all of the talk that's going on now, some of which is posturing, but the -- >> most of which is posturing. >> -- but the president did put something on the table. he can't negotiate with himself, so where is the proposal from the republican party? what is boehner going to put on the table? what does he want to do? we don't know. we are waiting for him to do some kind of counter, to talk about what their preferences are. we haven't heard anything. >> might going over the cliff give democrats more leverage to get republicans to let the tax rates go up on the wealthy, since all the tax cuts expire at the end of the year? >> well, i mean, some people talk about that, but don't forget that this whole negotiation that took place over raising the debt ceiling caused sequestration, and that would mean tremendous cuts in social programs and defense. in the president's proposal, he's talking about delaying $55 billion in cuts to defense, and about $55 billion in cuts to discretionary programs and offering up $400 billion in cuts to discretionary programs. and i think that should be taken seriously. >> democratic congresswoman maxine waters, always enjoy you, congresswoman. thank you. >> thank you. >>> on their way off the senate floor, two republican senators have put a new immigration reform law on the table this week. we are going to talk to one of those senators next. >>> we will then provide the process whereby guantanamo will be closed no later than one year from now. >> remember that? you remember that. a little bit later, president obama has not kept his promise of closing down get mo just yet, but he's indicating the war on terror as we know it could come to a close soon. this is msnbc, the place for politics. >>> the gop is working overtime to present a different face to latinos in regards to immigration tuesday. kay bailey hutchison of texas and jon kyl of arizona introduced the achieve act. it offers three steps that could lead to permanent legal status. joining me now from dallas, texas, to talk about the achieve act and the future of immigration legislation, outgoing senator kay bailey hutchison. senator, good to see you. >> thank you, craig. good to be here. >> first of all, really quickly for folks who aren't familiar with the achieve act, what are those -- those three paths? >> it would start with the ability for a student who has come here before the age of 14 illegally with their parents, of course, and they've graduated from american high schools, they would have six years to get some kind of degree, a vocational degree, a college degree, and then they would move on to the second step, which would be a work visa. and if they abide by the law and they have a job, they would be able to then get a third step permanent visa that is a legal status that they would be able to work here and have the -- never have the fear of being deported. >> as always, there are critics, one of them nbc latino contributor raul reyes who wrote this on friday, "the achieve act is not the logical place to begin. it offers no clear path to citizenship and saddles undocumented youth with additional conditions for legal status. at best, the achieve act is an inferior imitation of the dream act. at worst, it is a fairly restrictive and punitive measure." what do you make of that, senator? >> i think it's quite balanced. you don't want a situation in which these young people get in line in front of the people who have been here doing the right thing, abiding by the law, not breaking any laws, and so you want to have the balance that gives them a legal status. it does give them a clear path to citizenship if they want to apply for citizenship, a green card, and then citizenship would come after those who have been in line in front of them get their opportunity, which is why we do think it's fair. there is a clear path to citizenship after they have taken the steps and shown they will get a degree. they can have a job, they can live here legally as long as they abide by the law. and i think it's a fair way to do it, keeping in mind those who have been legal and done the right thing. >> it's not likely this is going to be taken up with serious consideration in the lame duck session. is the idea here to start the conversation about comprehensive immigration reform within your party? is this a starting point? >> actually, harry reid did say that we might have the dream act or a dream act alternative come on the floor in the lame duck, so we don't know for sure. we wanted to be proactive and be out with a positive proposal that would give them, these young people, a legal status. by the way, you also can serve four years in the military. i forgot to mention that as a way to move forward. i think that if we don't get the opportunity this year to deal with it, i certainly think it will be on the drawing boards for next year. it will be one proposal that has the support of john mccain, who's a cosponsor and will be there next year. and i think it's a good starting point. i think this is the way to start talking about how we regularize these young people who are in a conundrum right now because they have graduated from american high schools. this is the country they know, and they should have the opportunity to work here and contribute. >> senator, why has there been such an apparent disconnect between the way that politicians in texas, politicians in the lone star state, specifically politicians in the lone star state who are republicans, the way that they handle latino issues versus the way the gop and roughly the 49 other states handle them? >> you know, we do have a great relationship. the hispanic culture is very much a part of our culture, we were part of mexico over 175 years ago. there's a lot of inner mixing of our cultures and friendships and families that go back and forth, and we welcome these immigrants. they are good people, they are working people. they have good ethics and values, and we want to regularize them without breaking the law or causing a disruption for those who are already here legally and are trying to abide by the law. so, you know, we are a conservative state, but a state who's embraced our hispanic culture. >> really quickly, after the election, it's as though governor romney has all but vanished from the political landscape, with the exception of the lunch he had at the white house on thursday. did his loss create a leadership vacuum of sorts inside the gop? >> well, i think the next generation of leaders are stepping up now. i think you will see a lot of activity on both sides of the aisle, really, there will certainly be activity on the democratic side knowing that we will have a new candidate for -- >> give me some names. give me some names, give me some names. >> we're going to have plenty of names. you're going to see new people come out and start testing the water. i think there's really an opportunity to define the republican party of the future, and i'm looking for candidates who might be more forward leaning to embrace the younger people in our country, to look for a way to project our values and what we want for america in a way that will attract more voters and maybe first-time voters. >> senator kay bailey hutchison of texas. senator, enjoy retirement. >> hey, thank you. >>> rain, snow, flooding, and what's expected to be a major mess up and down the west coast. more in a live report straight ahead. >>> plus, it's a traditional capitol hill, picking your office space. and there's apparently dancing involved now the process begins again. we'll look at it. you're watching msnbc. ♪ [ male announcer ] lifts to clear obstacles. ♪ lowers to cut drag. rises to every challenge. the class exclusive air suspension in the new 2013 ram 1500. engineered to move heaven and earth. guts. glory. ram. since then, there's been one wedding, 2 kids, and 43 bottles of olay total effects. so in spite of 185 tantrums 378 pre-dawn starts and a lot of birthdays, caroline still looks amazing. you can challenge what's possible thanks to the trusted performance of olay. 60 years, millions of women, real results. >>> a picture has shifted some in rain-soaked northern california. that's a good thing. these are live pictures behind me. it's turned the rainstorm into a snowstorm, and that could keep rivers from overflowing their banks. nbc on the banks of the river right now. miguel, i think we've got a live picture of some nuts behind you who are playing on that water. is this live right now? >> reporter: yeah, craig, you just missed it. they just passed about 30 seconds ago, three guys on inner tubes and wet suits rolling down the river here. this river rarely crests this high. we're actually just above flood stage. although that sounds like the area will be flooding, technically, these homes are built above flood stage, so we're not seeing widespread damage. you mentioned just a short time ago it was snowing here, but it's turned back from snow to light rain. this may be the end of the weather maker today, although the rain and snow comes off and on for most of the day. we started this afternoon with about ten hours of pretty steady rain, then all of a sudden we started seeing the light snow. our friends at the weather channel tells us that's good news, because all of that snow means there will be less runoff working its way into the river here. this river is expected to crest later on this evening in some parts, reaching nearly 18 feet depending where you're at in the river. as we mentioned, that is just above flood stage, but these homes are built above flood stage, so the vast majority of properties here along this river are going to be safe. it's been a wicked day of weather, not just here, but up and down the state. in san francisco bay area, rapid transit lost power, trains were shut down for some time. in sacramento, we had downed trees, which knocked out power to part of that region, but still the sacramento marathon continued, so many folks here are still trying to go about their day. there are some businesses that have been shut down because of localized flooding and roads that remained closed today, but for the most part, the biggest concern is this river and this community seems to have dodged a bullet, craig. >> if there is a weather event on the west coast, miguel is there. always good to see you, thank you. >> you too, buddy. >>> time for a healthy serving of trail mix. congress before the big fiscal cliff fight. it's time for the house freshmen to choose their offices. on friday, the reps picked their office number from the congressional office lottery, where they were apparently encouraged to do some sort of superstitious dance to help pick the best number, and they did not disappoint. that's a cartwheel, that's a congressman's aide, another aide apparently played journey's "don't stop believing" on their phone before giving it a go. yeah, they are taking it seriously. >>> in just a couple hours from now, the kennedy center honors gala begins. including led zeppelin, david letterman and dustin hoffman. right now, the president out enjoying some afternoon golf with those guys. former president bill clinton, former dnc chair terry mccauliff and ron kerr. it's the president's third outing since winning reelection. only the second time ever, though, he has played golf with former president clinton. president obama has a full day today. >>> coming up, as another u.s. base comes under attack in afghanistan, we will look at what the war on terror will look like after american troops come home. >>> plus, there's the question of what to do with the several hundred detainees still locked up at guantanamo. we'll cover it all. the brain trust is here. they won't disappoint. they won't disappoint a whole lot. you're watching msnbc, the place for politics. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. you can stay in and like something... or you can get out there and actually like something. the lexus december to remember sales event is on. this is the pursuit of perfection. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. >>> good sunday, i'm craig melvin. here's a quick look at top stories making news right now. the bus that crashed into an overpass yesterday at miami international airport was chartered by a jehovah witness group. two people died, two others -- missed warning signs about the height of the overpass. >>> for the first time, hosted a same-sex marriage, one of the women graduated at west point works at the military academy. >>> a moment of silence was held at a game against the kansas city chiefs and carolina panthers. yesterday, chiefs' linebacker jovan belcher killed himself at the stadium after killing his girlfriend. >>> left at least five afghan nationals dead, nine suicide bombers struck the base, one blew himself up outside the main gate. the remaining bombers were killed. officials tell nbc news at least 18 people were wounded. nbc has the latest from kabul. >> reporter: craig, it seemed to have been a well-coordinated and complex attack. taliban insurgents tried to target jalalabad airfield when a car ladened with explosives targeted a gate there, allowing insurgents to try to trickle in. that's where they were met with afghan security forces who are engaged the taliban, in the end killing nine insurgents. five afghans were also killed, including two civilians and three members of the afghan special forces. according to nato here in afghanistan, they say the taliban were not able to breach the perimeter of the base and no u.s. service members were killed in today's attack. in fact, they see the attack as a success for the afghan security forces, because they were in the lead and helped defeat the taliban. as a success for the afghan surt forces because they were in the lead and helped defeat the taliban. 2013 is going to be all about that, because nato wants to hand over all of afghanistan security into afghan-led hands, giving nato at least a year to sit in the background and wait for the afghans to ask for help and monitor their progress, because at the end of 2014, that's the end of the nato combat mission here and when most of the allied troops, including the u.s. troops, will be heading home. craig? >> for us in kabul on this sunday. thanks much to you. >>> the continuous debate over guantanamo and detainees resurfaced this week. ari melber has details on that as we go behind the story. good sunday to you, sir. >> thanks, craig. >> let's talk about this. all this happening as the hearings for mohammed and the other 9/11 co-conspirators begin at gitmo. >> there's a debate over how to finally close this prison. first, a new report from the government accountability office concluded all the detainees could be securely transported to the u.s. the report was commissioned by senator dianne feinstein and shows gitmo can safely close. the other came from a top lawyer at the pentagon who touched on one of the toughest questions in the war against al qaeda, will this ever end? >> there will come a tipping point, a tipping point at which so many of the leaders and operatives of al qaeda and its affiliates have been killed or captured, and the group is no longer able to attempt or launch a strategic attack against the united states. >> well, to be ready for when that time comes, the u.s. needs a fair attention system that can either convict detainees or set them free. guantanamo is over a decade old, but we're nowhere near ready for that. over 600 detainees have been released, according to human rights watch, another 166 still remain in cuba today, and two years ago, of course, congress passed a law for those detainees from being transferred to the u.s. congress has put up as many roadblocks as possible to keep the guantanamo bay prison open. but most other countries won't take these detainees, so congress has frozen our detention policy in the past. president obama, frankly, has not pushed back enough, even though closing guantanamo was a key pledge, of course, from his first presidential campaign. this problem won't go away by itself, and i think the prospect of passing the buck to a third presidential administration is unconscionable. craig? >> what's happened with the president? you mention it there, it was a promise that he made. is it just a lack of political will or have there been other obstacles? >> i think there were two phases on this, number one, really into it when the white house council's office took over the stacks of files on every deta detainee and transferred some, but wave two was getting blocked by congress. the reaction to that, quite frankly, no matter what you think congress did, the reaction was, okay, we'll move on to other things. >> i want to bring in other members of the sunday brain trust, perry bacon, also political editor, and senior editor of the review and colu columnist to bloomberg review. perry, let me start with you, with president obama winning a second term, is there a window now, window of opportunity, to close gitmo and squash some of the dissatisfaction from the left? >> there is a window. let me disagree with ari slightly here. there was a vote in the senate on president obama's plan to close gitmo in 2009, and it failed 90 to 6. 90 to 6 very resoundingly. the republicans all opposed it, but 48 of the 54 democrats opposed it too. so the white house giving up at that point was not surprising to me. it's not clear it's the political will on capitol hill to close gitmo, the problem being once you close gitmo, the detainees have to go to prisons in the united states. every senator is basically like, not my district, not my state. i'm not sure until there's a real issue from the senate and the house that you can really move this. the president tried pretty hard, i thought, and is really, like, a loss 90-6 is hard to cover from. >> i agree with perry. it's definitely true you had the democrats in there making the same point, basically they didn't want to see detainees come to the u.s. in that respect, the president was very much boxed in. the problem, though, goes beyond the debate as it stood. i think what the president has to do is outline a post-9/11 detention policy that deals with what mr. johnson said in the clip we played. >> is there political will on the hill even for that? >> if you get the policy, what democrats at the time said if we go through and understand what the trials and plans, we'll be more likely to support it. there were also, i think, genuine questions about whether they'd done the hard work for planning ahead. >> i want to bring you in here and switch gears a bit. "washington post" reporting, a fascinating story, the pentagon plans on sending hundreds of additional spies overseas now. it's part of that ambitious plan to assemble an espionage effort. what do you make of that? >> well, you know, i suspect that partly it reflects the traditional criticism of the cia being a bit too desk bound, and that was not something that the defense department was really making up for, because it was really its intelligence was focused on technical analysis. i suspect what they are looking for is more on the ground understanding of what's going on in other countries. >> how might this program affect what the pentagon top attorney sees as the eventual end of the war on terror? >> what do you do with the intelligence you get? we talked about drones and the strikes. you want to wind down the hot conflict with al qaeda, but you still want to gather the intelligence. this blurring, we typically in this country, since the national security act of 1947, which reorganized our security, we've typically tried to keep a real bright line between intelligence and operations. you remember that on wmds and the issues in the cia. i think this blurring is a problem that needs more oversight. >> perry, we've talked about this and you and i have had this conversation on the broadcast, one of president obama's legacies is probably going to be drone strikes. probably going to be a significant part of his legacy, much to the chagrin of folks part of the progressive wing of the party. what do you make of that? >> i think he would say his legacy is going to be the fact he wound down al qaeda. he killed osama bin laden. there's two ways to look at that. they've done a great job in terms of killing terrorists, but the drone program itself, looking forward, there's a big question about how much executive authority president obama used. obama talked about not using authority the way president bush did, but it's one of the examples how he's using executive authority in the way a lot of democrats are weary about the way obama has. >> apparently including obama. >> there would be a constant protest outside 1600 pennsylvania avenue if some of the activity that has been taken place overseas with regards to drones had been taking place five years ago. but we'll talk more about that, i'm sure, over the next few months. >>> brain trust, don't go anywhere. when we come back, we'll continue our conversation on the fiscal cliff. worst-case scenarios for how we could go off the cliff. you're watching msnbc. this is even, on a sunday afternoon, the place for politics. ere plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. 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[ sighs ] [ chuckles ] yo, give it up, dude! up high... ok. up high... ok. high! up high!!! ok ok that's getting pretty old. don't you have any useful apps on that thing? who do you think i am, quicken loans? [ chuckles ] at quicken loans, our amazingly useful mortgage calculator app allows you to quickly calculate your mortgage payment based on today's incredibly low interest rates... right from your iphone or android smartphone. this great tool answers your home loan questions organizes your results, and lets you calculate with the confidence of a rocket scientist. you can even take notes and add photos of your favorite homes! it's the 21st century way to make your next home refinance or purchase easy. download it today from the app store or google play... the mortgage calculator by quicken loans... one more way quicken loans is engineered to amaze. ♪ >>> government officials may spend new year's eve with budget numbers. members from both sides of the aisle are painting a bleak picture that a budget deal will not be reached before the end of this year. >> i think we're going over the cliff. it's pretty clear to me they've made a political calculation. >> because, of course, on january 1st, all the taxes go back. >> congressman, did you just say we'd go off the cliff? did you just said we'd go off the cliff, is that what i'm hear something. >> i think there's better than a 50/50 chance that we'll be into the first week of january. >> that was democratic congressman peter welch on this show yesterday, by the way. i want to bring back our brain trust. ari melber, perry bacon, msnbc contributor and political editor for the grio. and the columnist with bloomberg view. that's the last time i'm introducing all of you with your full titles. remish, you have written about the pessimistic view on the fiscal cliff negotiations. why don't you think a deal gets done? >> well, i just think the parties are too far apart. if president obama wants republicans to agree not only to allow the top tax rates to go up, but also put a new millionaire surtax, new stimulus funding, there's no way republicans do that without many entitlement reform. i think the democrats are prepared to allow, and that's why i just think that i agree with the congressman. i think that we are likely not to get a deal before the beginning of the year. >> but do you think it was a senator lindsey graham indicated there at the beginning, do you think it was a political calculation or is a political calculation on the part of the white house? >> well, i think there are political calculations being made by everybody in washington right now, but i don't think it's a secret that the democrats believe, in a lot of cases, that they have the upper hand in the p.r. war over this issue. >> perry, this is grover norquist just a few hours ago on "meet the press." take a listen. >> every republican who had impure thoughts about maybe i could raise taxes a little because the other guys will be reasonable have to go back to the drawing board. they've just been told there are no real reforms in this budget. $1.6 trillion in tax increases and in some of the those savings are actually tax increases. >> perry, is speaker boehner's biggest problem going to be pleasing those in his own party who don't want to raise taxes, or getting the other side to cut more entitlements? >> the tax problem is the biggest problem. president obama has laid out in the past and seen willing to me, at least, to make some cuts to medicare. maybe not ones conservatives like. what we don't know yet, the big question is, president obama is pushing for $1 trillion in tax increases, pushing it for a long time. he feels he has a mandate on that now. we know his idea is about raising revenue. we don't know what the republicans ideas are on the revenue. that's what we need to know. that's the whole question, what are they. go ahead. >> we've heard from lindsey graham yesterday or the day before with regards to revenue. he still contends, ari, that you can raise a significant chunk of revenue, he's thrown out $800 billion at least by closing loopholes and limiting deductions, whether it's $30,000, $40,000, $50,000. >> yeah, but he's just talking, right? just talking. what the president has done is outlined a plan. he outlined it once and the american people voted for it, and he outlined it again, not surprisingly, the same core arguments, same basic idea the people who make over a quarter million will have that money taxed and we have to do stuff around jobs and infrastructure. they shouldn't be surprised. they need to pony up their own plan on paper. that's the reason why we're likely to go over an overhyped cliff. the deal is going to eventually get done and look more like what obama ran and run on than their pipe dream. >> why don't you think we've seen a concrete offer from the gop yet with regards to entitlement reform specifically? >> you know, it's interesting. you know, you didn't see that kind of demand for campaign-style running on platforms when you had previous successful bipartisan deals as in 1990, as in 1997. you had people who were willing to make a good fake deal with each other, and you had, i guess, a certain level of trust that you just don't have in this case. i think republicans feel that if they put up a counter offer, their own deal that doesn't mean there's going to be any progress towards a deal. it's just going to be more fodder for campaign-style events. >> but you'd have to be crazy to trust republicans to be negotiators of good faith on these issues when they already said that they cared more about political negotiations and their political interest than the actual economy. that's why their own base said don't take the debt ceiling and hold it hostage. that's what they did the last time they had an adult responsibility moment. they acted like children, and they are going to be sent to the principal's office in this debate and they are going to look. >> hang on real quickly. got to take a quick break. when we come back, we'll finish that conversation really quickly and get your predictions about the headlines, the headlines this saturday before christmas. you're watching msnbc. ck stomacm splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. relieving the pain quickly. is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu virus at its source. so don't wait. call your doctor right away. tamiflu is prescription medicine for treating the flu in adults and children one year and older whose flu symptoms started within the last two days. before taking tamiflu tell your doctor if you're pregnant, nursing. have serious health conditions, or take other medicines. if you develop an allergic reaction, a severe rash, or signs of unusual behavior, stop taking tamiflu and call your doctor immediately. children and adolescents in particular may be at an increased risk of seizures, confusion or abnormal behavior. the most common side effects are mild to moderate nausea and vomiting. the flu comes on fast, so ask your doctor about tamiflu. prescription for flu. gives you a low $18.50 monthly plan premium... and select generic hypertension drugs available for only a penny... so you can focus on what really matters. call humana at 1-800-808-4003. >>> let's go ahead and bring back the brain trust. guys, we'll get your predictions on what your publications headline will be on the beginning of the holiday weekend, whether a fiscal cliff deal will be reached by then, but perry, as promised, i cut you off before the break. what were you about to say, good sir? >> i'm an optimist about this. what we saw last year, we thought the government might shut down, it didn't. we thought we might go over the debt ceiling, we didn't. this is the stage we're always in where president obama gave an offer he knew was a negotiating plan, you negotiate from the left. mcconnell gave an offer on friday that was very much on the right. it plays out in the next month, i think people get closer to a deal. lindsey graham, i don't think was saying we'll go over the cliff for su
FOX Business
Dec 2, 2012 9:00am EST
this kind muchunging to get usver t fiscal cliff. we are two parts to the solution. focus on the correct entitlements to cut and reorganize medicare so it works but doesn't take us down the drain. >> there are no offer the allelula. zerouts. >> we are in negotiation. what happened this week. >> it is it a call for unconditional surrender is what it is. >> you think this is going to be the deal. >> victoria when you come to a bargaining table you start high and pull back. but this proposal, had no spending cuts all all. >> there is a stimulus increase. >> it s unbelievable to me. >> what is that mark? >> you are saying -- >> we have a revenue problem. we took away a trillion out of the budget by givingax cuts to rich people and you need to put that revenue back. >> by the way, >> we spend another trillion. >> they are tax rates . they are not tax cuts. they are tax rates . how much they bring in. >> what are you talking about? >> 84 billion a year . thats 84 billion that is enough to cover government spending for a week and a half. the issue, dc lives in a bubble land. they are in 1996 bubble land menitality wit
FOX News
Dec 2, 2012 12:30pm PST
slogan there and as we get closer to the fiscal cliff, both sides seem to be standing tough and what about the coverage, jim in. >> i think the debate overall that began with simpson bowls saying we should roughly have tax cuts, tax increases, pardon me, and spending cuts and so the media narrative is sort of, can we get simpson bowls through a recalcitrant republican congress? and what's changed though, i think it's really a role call, daniel new house and mary anne shiner, says simpson and bowls are no longer part of the discussion and it's now morphed into the tax increase and democrats lost interest in the taxing and can we put them on compromise on simpson-bowles and i think so far, the media with exception of a few reporters haven't caught on, but we see charles krauthammer, andrea tantaros, watch out. you're being snookered. >> and pushing republicans towards tax increases and john boehner said we're up for revenue-- >> as several have pointed out the democrats won the election and that means that there are consequences and financial consequences that flow from that, and if the president wants 1 trillion 600 billion dollars worth of new revenue which the wall street journal was one of those to point out in
MSNBC
Dec 2, 2012 9:00am PST
over the fiscal cliff. it maximizing the deficit reduction. there's no deal cut between republicans and democrats. it's not going to reduce the amount of money coming out of the deficit by a lot. so if you do that, you go back to the clinton tax rates, cut some defense and we have a short, mild recession for two quarters. we have to get serious about the deficit e. i have no belief that the congress is going to get serious about the deficit. so tom cole was right because he wants to get the republicans back in the mainstream. but the best thing the country could do is go over the cliff. >> timothy geithner doesn't agree with you on that. >> he may or may not. but i looked at this a lot of ways. the people inside washington are awfully smart and awfully out of touch. we need to do something about the deficit. going over the fiscal cliff is the best thing we're going to get out of washington in terms of serious production to the deficit. we will suffer, but we got ourselves into this. we're not going to get out without some pain. i think we are going to go over the cliff. >> let me qu
FOX News
Dec 2, 2012 1:00pm PST
congress's job. [ laughter ] >> and more important than the fiscal cliff a lot of investment houses are lowering their growth outlook. that is because the owners of small businesses, they are the drivers of the economy. they hire. right now, one out of five cut jobs in the next 12 months. one out of three is cutting capital spending. if there is no jobs we don't have consumer spending that is 70% of g.d.p., so this is really steam rolling. it is frightening. >> gregg: i was reading economists and they say household purchases, wages in salary going down, durable goods decreasing now we have manufacturing coming out on monday as well as jobs report on thursday or friday? >> yeah, the jobs report is expected to be very dismal, about 75,000 net jobs. some of that is because of sandy, but housing market is rebuilding, it's recovering. that makes people feel more wealthy. this retail season is going to be very critical. it's going to tell us a lot. stocks could go up on that. we have some tail winds but right now there is a lot of question marks. >> gregg: brenda, we'll talk about sandy and impact on the economy in the next hour. you can catch brenda "bulls and bears", 10:00 a.m. right here on the fox news channel. >> heather: coming up, investigators
CNN
Dec 2, 2012 2:00pm PST
days and counting in the country's potential fall off the fiscal cliff. avoiding it -- if they do nothing, everyone's taxes go up and automatic spending cuts will take effect. no imminent deal is in sight. >> if they are going to force higher rates on virtually all americans, because they're unwilling to let tax rates go up on 2% of americans, then that's a choice we're going to have to make. >> i would say we're nowhere. period. we're nowhere. we have put a serious offer on the table by putting revenues up there to try to get this question resolved. but the white house has responded with virtually nothing. they have actually asked for more revenue than they have been asking for the whole entire time. >> in other words not quite a good place to be, but both sides agree that the government needs to raise more money. how much and how they do it are two of the major sticking points. >>> and protests and a constitutional crisis, what is next for egypt. we'll dig deeper into the struggle for power between conservative islamists and liberal secularists. and later, brad pitt talks about his future with angelina jolie. >>> and a dog reunited with his o
FOX News
Dec 1, 2012 5:00pm PST
the president serious about avoiding the fiscal cliff allen webb resphond. >> my homeowner insurance offered me $150 what can i do with that? >> they lost the home and business and sense of security. victims of super storm sandep ho on how they are coping. >> who can throw their hate in the ring for 2016. ladies and gentlemen. our guest host tonight dana preno. [ applause ] ♪ >> welcome to huckabee. i am dana pereno and i want to thank governor huckabee to have me guest host. it is it a month since the presidential election and half of the country is elate vindicate they voted for president obama and walking on cloud 9. the other half not so much. sleepless.nfuse despondant they wonder if the nation has gone mad and want to return to common sense not another four years on fantasy island. we are taught as kids to be good sports man and not gloat and give the other side high 5 and say good game. have we seen much much that. nope. being a good matter means being a gracious winner and a good spirited loserine if it is hard to feel that way. let losing party must ask why didn't people v
MSNBC
Dec 2, 2012 5:00am PST
of that movement. in this past election, facing a fiscal cliff of its own, the prospect of trigger cuts, if they didn't adopt proposition 30 if they raise taxes. they decided to go for the tax increases and that's because they saw what that austerity could mean. you really have to do both. we talk about the investments and the costs. >> please. >> i was going to say, the federal level, one of the things we saw in 2000, i know you want to keep taxes and spending separate, but i think we shouldn't. what we have seen is a great pitch to reduce taxes. again, i'm in favor of it. the route to great economic growth. that being said, it is not true, even with the best tax cuts when you spend like a drunken sailor, which happened under the republicans. if you cut taxes and increase spending, that's the equivalent of raising taxes in the future. i think it's key to keep those together. >> bruce, do you think there's a case to be made to fellow conservatives about raising taxes here? >> yes. first of all, the -- one of the problems with the norquist if you raise the taxes, there's -- she's incorrect.
FOX News
Dec 1, 2012 8:00pm PST
there and as we get closer to the fiscal cliff, both sides seem to be standing tough and what about the coverage, jim in. >> i think the debate overall that began with simpson bowls saying we should roughly have tax cuts, tax increases, pardon me, and spending cuts and so the media narrative is sort of, can we get simpson bowls through a recalcitrant republican congress? and what's changed though, i think it's really a role call, daniel new house and mary anne shiner, says simpson and bowls are no longer part of the discussion and it's now morphed into the tax increase and democrats lost interest in the taxing and can we put them on compromise on simpson-bowles and i think so far, the media with exception of a few reporters haven't caught on, but we see charles krauthammer, andrea tantaros, watch out. you're being snookered. >> and pushing republicans towards tax increases and john boehner said we're up for revenue-- >> as several have pointed out the democrats won the election and that means that there are consequences and financial consequences that flow from that, and if the president wants 1 trillion 600 billion dollars worth of new revenue which the wall street journal was one of those to point out in
PBS
Dec 2, 2012 10:00am PST
country's leaders to not push the country's most marginalized peoples off the fiscal cliff, >>> palestinians celebrated this week after the united nations general assembly voted overwhelmingly to recognize palestine as a nonmember observer state. many jewish groups denounced the u.n. action, saying it undermines future peace negotiations with israel. some u.s. christian and muslim leaders supported the move. the palestinians were not granted full u.n. membership, but their upgraded status could allow them access to other u.n. and international bodies, including the international criminal court where they could possibly bring charges against israel. the united states was one of nine nations that voted against the resolution. >>> in egypt, seven coptic christians and a controversial american pastor have been sentenced to death over an anti-islam film that sparked massive protests in several muslim countries in september. but the sentences can not be carried out since none of the eight lives in egypt. a u.s.-muslim organization urged the court to drop the charges, saying the p
FOX Business
Dec 2, 2012 1:00am EST
three years fro now. let's at least get over the psychological hurdle of the fiscal cliff. move on, and put some bandaid together and then hopefully, the next group in there, minus obama, starts to cure this four years from now, because nothing's going to happen in the next four years good. but maybe we get through the fiscal cliff, but then another fiscal cliff comes, that's the whole point of this. >> in fact, and there was a proposal this week to try it get rid of the fiscal cliffs and no longer give congress full power to extend the debt. but i think, i'll tell you what, i'm kind of curious to see the other guys, i think we're going over the fiscal cliff because i thk that congress would much rather have us go over the fiscal cliff and then vote to lower taxes and increase spending and they can't bare to raise taxes and reduce spending and that's where we'll end up in three months and have a vote to lower taxes and increase spending. >> jonas what does it do in the short-term, i know you're talking long-term. but short. >> they're scaring erybody about this, like we've got to k
CNN
Dec 2, 2012 11:30am PST
to the country's potential fall off the fiscal cliff. avoiding it will depend on what lawmakers in these two buildings do or don't do. if they do nothing, everyone's taxes go up and automatic spending cuts take effect. still, it appears congress and the president are digging in with no deal in sight. >> if they are going to force hi higher rates on virtually all americans because they're unwilling to let tax rates go up on 2% of americans, then that's a choice they're going to have to make. >> this isn't an issue about democrats or republicans. my goodness, this is about our country. >> well, one thing both sides agree on is the government needs to raise more money. how much? how they do it? those are two of the many sticking points and the clock is ticking. >>> a series of suicide car bombings leave five people dead in eastern afghanistan today. inis yo no reports of any u.s. casualties. the taliban has claimed responsibility for the attacks. >>> and in wyoming a college teacher may have saved the lives of several of his students. authorities are praising the instructor's actions. he tackled a man who barged into the classroom, shooting the instructor in the head with a hunting bow. more st
ABC
Dec 2, 2012 7:00am PST
. we appreciate it. >> you got it. >>> we'll turn now to the fiscal cliff, 30 days from an economy-crippling deadline. where everyone's taxes go up and massive spending cuts kick in. yet, talks seem to be going nowhere. treasury secretary timothy geithner will be the guest on "this week" with george stephanopoulos. george is with us now. good morning, george. >> last weekend, you sat right here and you said that you were reasonably optimistic that a deal could be afoot. in the intervening week, we have seen a lot of trash-talking from both sides, can we still be somewhat hopeful? >> this week was a rough week in these negotiations. treasury secretary geithner when he went up to capitol hill, on thursday, the senate republican leader mitch mcconnell laughed when he got the offer from tim geithner. they think it's an offer that doesn't show any rules towards compromise. house speaker john boehner said that the talks are at a stalemate. there seems to be a huge divide. democrats said they're not going to make another move until republicans clearly say they're going to go for an increase in tax rates. republicans aren't prepared to make a move. unless the democrat
ABC
Dec 2, 2012 5:00am PST
america's fiscal cliff is getting closer. can congress reach a deal in time to head off huge spending cuts and higher taxes for everybody? treasury secretary timothy geithner discusses potential impacts on the economy as the high stakes political poker game plays out on capitol hill. it's all coming up on abc this week with george stephanopoulos right here on abc7. >>> a san francisco man and his lost service dog are back together this morning. it's a story you will see only on abc7 news. >> good girl! oh, my sweetness! >> we first brought you the story nearly two weeks ago after someone stole his best friend and constant companion from outside the davis medical center. he took lola, a four-year-old yorkshire terrier everywhere, including to his dialysis appointments. his neighbor tracy took up the cause to find lola and got an e-mail yesterday. >> a woman said i found a dog running around lake merit in oakland and i could tell it was probably lost. i brought it home and i think it's your dog. >> thank you everybody so much! >> and it was, indeed, lola. the woman who found the dog called us fi
FOX News
Dec 2, 2012 8:00am PST
don't get done in washington. what about the fiscal cliff? do you think we will go over it? what does it mean? we get taxes, will be cut. no, taxes will go up. spend willing be cut. everyone wants, almost everybody wants spending to be cut. what do you think will happen? >> let's look at wall street. what might happen to the 401(k)s or the stocks. last week, boehner said nothing is happening and stocks would plummet. somebody else would say something going on behind the scenes and stocks go up. this is tremendous volatility. this time of year we get santa claus rally, the stocks will rally until the end of the year. but if the taxes go on, on capital gains and dividends, people will start to sell now to have the better, more preferential tax treatment than afterwards. we may see selling in first of the year. >> eric: long-term, think long-term. once we get past that. what will the effect be? what if taxes on dividends go up? >> this is incredible disincentive. especially on the capital gains. to take the risk of investing. when you say long-term, long-term, if you don't need the money you invest in stock market. if you nee
CNN
Dec 2, 2012 12:00pm PST
anyone wants the legacy to be they drove us off the fiscal cliff. we're in the political dance now. we've seen this time and time again. there is still three weeks for a deal to be cut. the problem is that the white house threw down a heavy marker yesterday. we'll have to see if they're willing to compromise. it's got to be compromise on both sides. >> that's right. the marker they threw down, kevin, is the white house says actual tax rates, the top tax rate, 35%, has to go up for the rich. and that limiting deductions won't be enough to get a deal. now you wrote in the atlantic this week that despite that there is a way around this for republicans who don't want to incur the wrath of norquist or as mark suggests, voters. how? >> right. so the grover norquist pledge is actually incredibly misunderstood. it's based on what washington budgeting organizations call the current law baseline. what that means is that what's scheduled to go into effect already is baked into the cake. and because the bush tax cuts are expiring provisions that were voted for ten years ago, it doesn't really count as a tax hike when they're already scheduled to take effect. so as long as republican
FOX News
Dec 2, 2012 3:00pm PST
. it's 30 days and counting until we go over the fiscal cliff. >> the president is demanding higher tax rates. congressional republicans want deeper spending cuts and entitlement reform. will they make a deal before we bring in the new year with a round of tax increases for all of us? we will ask the two men at the center of the negotiations where we really stand. for the president, treasury secretary timothy geithner. for the gop house speaker john boehner. geithner and boehner only on fox news sunday. plus, we've seen this movie before. the two parties edging closer and closer to the brink. we will ask our sunday panel whether we will get a happy ending or an economic disaster. and our power player of the week. a young beauty queen has to make a tough choice. all right now on fox news sunday. >> hello again from fox news in washington. well, we had quite a day around here friday with talks to avoid the fiscal cliff deadlock, and everyone saying the other side is to blame, pressure secretary geithner scheduled a ground of interviews. then friday afternoon, speaker boehner's office called to say he wanted to come on fox news sunday to tell his side
FOX News
Dec 2, 2012 3:00am PST
off the fiscal cliff and the congress is blaming for inaction. >> it's unacceptable to hold the middle tax cuts hostage simply because they refuse to let the tax rates go up on the wealthiest americans. >> the republicans call this a bait and switch. >> alisyn: we'll debate. >> dave: one massachusetts town rolling out the welcome mat to long islanders for christmas tree lighting after the they refused to budge on the holiday event. the p.c. please. >> should you tip your garbage collector or how about your child's teacher? we have tips for tipping or the barista at starbucks. >> dave: no! sorry, ladies and gentlemen. >> "fox & friends" begins right now. ♪ >> are you supposed to tip the teacher. >> dave: some are, some are not. >> you want to err on the side of tipping and is it too much. do you tip the garbage man or the postal employee. you leave a bunt cake outside. >> alisyn: yes, money. they want money. >> dave: we'll get into it later, but it's tough because it used to be you tip someone for extraordinary service. >> alisyn: right. >> dave: now you just tip someone please. >> alisyn: so they don
FOX News
Dec 2, 2012 9:00am PST
from alaska, senator mark. >> thanks for being here. >> what do you think about the fiscal cliff. >> even though we don't like the plan, we voted on reductions that would take place starting january 1. we know the bush tax cuts expire january 1. it's the plan a. no one likes the plan a but that will happen if we are unable to have some sort of long-term plan or at least some effort moving forward. challenge right now, to be to be hon with you, is everyone keeps having bumper sticker claims as they get interviewed and what has to happened is we have to cut the budget, no question about it, deal with the revenues and tax reform and we will have to invest in things like education and infrastructure that's falling apart in this country but we have to do all three together and no one wants to do all three. they are all still positioning and it's like the campaigns have never ended. the wall is coming. plan a is going to take place january 1 and it's going to be a bumpy road if we are unable to get down the path. there's a lot of conversation, but it's time now, people say let's kick it off a little bit. we know the answer. it is going to be no fun making the decisions. that's the problem. everyone doesn't want to make a
ABC
Dec 2, 2012 8:00am PST
matter how this shakes off, if we go over the fiscal cliff, we are to blame. i hear that over and over. something to what tom said, it's an amazing notion that a just-elected democrat president is necessary to make permanent the bush tax cuts. they were tax rate cuts across the board. the idea that most of them could be made permanent -- bush couldn't have gotten that done in 2004 after being re-elected. i do think that republicans should take a victory lap in that regard. >> it is really politically smart to do this. you know, but it's also particularly smart to cut the knees out from under grover norquist. who is he? he's an unelected -- >> it's not him. >> he represents something that's real. he represents something that's real. >> i think everybody recognizes to get these numbers to work you have to have revenue increases. the question is, do you need tax rate increases or not? i think it's very tough to make the math work. >> honestly, i think -- and i like grover, but there is a big -- but there's a big, big difference between not being able to extend our temporary tax cuts. that to me isn't a violation of the pledge. i didn't sign a pledge i have to extend every temporary tax cut. and i think -- >> you're not for that? >>
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